Nextdoor Holdings Inc expected to post a loss of 7 cents a share - Earnings Preview

Nextdoor Holdings

06/08/2024 03:00

* Nextdoor Holdings Inc  KIND.N   KIND.K  is expected
to show a
rise in quarterly revenue when it reports  results on August 7
for the period ending June 30 2024
    * The San Francisco California-based  company is expected to
report a 2.5% increase in revenue to $58.334 million from $56.89
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Nextdoor Holdings Inc is
for a
loss of 7 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Nextdoor
Holdings
Inc is $2.50​, below​ its last closing price of $2.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.09       -0.09      -0.07     Beat    20
 Dec. 31 0001  -0.11       -0.10      -0.10     Met     4.8
 Sep. 30 2023  -0.10       -0.10      -0.10     Met     0​
 Jun. 30 2023  -0.10       -0.10      -0.09     Beat    7.7
 ​​Jan.        -0.10       -0.10      -0.09     Beat    10
 1 0001                                                 
 Jan. 1 0001   -0.09       -0.09      -0.09     Met     3.6​
 Jan. 1 0001   -0.09       -0.09      -0.09     Met     -3.8
 Jan. 1 0001   -0.05       -0.06      -0.05     Beat    22.1
 This summary was machine generated August 6 at 02:00 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)